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11680 Somerset Avenue

PRINCESS ANNE, MD 21853
  • $1,495,000
  • STATUS: Active
  • ON SITE: 268 days
  • ID#: MDSO103964
UPDATED: 66 min ago
$1,495,000
  • 0
    BEDS
  • 0.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1987
County:

School Ratings & Info

Description

6 unit Investment property 89.08% leased (5 out of 6 units leased) $114,000 current gross income with 1 vacancy. $128,354 with 1200 SF vacancy filled at $12 SF 3 out of 6 tenants are long term government contracts Center is in Great condition with no deferred maintenance Easy to self manage

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Ocean City. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-24T07:00:30.303.
www.exitrealtyoc.com/homes/110466188
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11680 Somerset Avenue PRINCESS ANNE, MD 21853

  • Price: $1,495,000
  • Status: Active
  • Updated: 66 min ago
  • ID#: MDSO103964
0
Beds
0
Baths
0
½ Baths
0.63
Acres
1987
Built
Neighborhood:
Somerset West Of Rt-13 (20-01)
County:
Somerset
Area:
Somerset West Of Rt-13 (20-01)
School District:
Somerset County Public Schools
Property Description
6 unit Investment property 89.08% leased (5 out of 6 units leased) $114,000 current gross income with 1 vacancy. $128,354 with 1200 SF vacancy filled at $12 SF 3 out of 6 tenants are long term government contracts Center is in Great condition with no deferred maintenance Easy to self manage
Exterior Features

Construction Materials Vinyl Siding Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 10992.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 10992.00

Property Features

Accessibility Features Other Assessment Year 2020 Association YN No Business Type Flex Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Incorporated City Name Princess Anne Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304321551338 Ownership Interest Fee Simple Possession Settlement Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 10244.00 Tax Assessment Amount 485500.00 Tax Lot C Vacation Rental YN No Water Source Public Zoning C-1

Listing courtesy of Svn/Miller Commercial Real Estate.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Ocean City. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-24T07:00:30.303.
 
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EXIT Realty Ocean City
5700 Coastal Highway, Suite 202
Ocean City MD, 21842